Union Finance Minister Pranab Mukherjee accused Bharatiya Janata Party of being responsible for the Rajya Sabha's failure to pass the Lokpal Bill by changing its stand within 24 hours.
Suresh Prabhu on the priority being given to safety and the need for more funds for railways to move ahead.
The much-delayed Insurance Bill seeks to raise the foreign investment cap in the sector from 26 per cent to 49 per cent, with a rider that the management control rests in the hands of Indian promoter.
The government plans to borrow a record Rs 15.4 lakh crore from dated securities in FY24 to meet its expenditure requirement to prop up the economy.
A Bill to give effect to the policy of corporatisation and demutualisation of stock exchanges is in the pipeline, Finance Minister Jaswant Singh informed the Rajya Sabha on Tuesday.
The Goods and Services Tax Bill was passed by the Lok Sabha in May.
Amid the government's keenness to introduce Lokpal Bill in Parliament before the end of the winter session on December 22, the Union Cabinet on Sunday night had informal discussions on the much-hyped legislation which is expected to be taken up by the Cabinet formally on Monday.
Prime Minister Manmohan Singh and United Progressive Alliance chairperson Sonia Gandhi on Monday held a meeting at 6.30 pm at the PM's residence in the capital. The Congress leaders discussed the next course of action over the Women Reservation's Bill, which will be debated in the Parliament on Tuesday.
Raising a child as a single mother in India can be challenging, especially when it comes to managing finances.
The new Insurance Bill may take little time to see light of teh day.
The party says 23% of foreign investments should be by FIIs.
BJP's Adhikari said that an opposition MLA is usually appointed as the PAC chairperson following the norm, but the TMC misused that rule to appoint Roy as its chairman.
Finance Minister Pranab Mukherjee will hold talks with the opponents of Women's Reservation Bill before the government's takes the next step on it, Minority Affairs Minister Salman Khurshid said on Thursday.
The finance ministry, in the explanatory memorandum to the Finance Bill 2008-09, proposes to withdraw the tax holiday which has been a window the petroleum ministry has been using to market the oil and gas exploration blocks under the New Exploration and Licensing Policy (Nelp) since 1999. The commitment to give a 7-year tax holiday to companies producing gas from Nelp blocks was finalised by the Union Cabinet after consultation with the finance ministry.
At present, zero coupon bonds which are issued at a discount to the face value and where interest is in-built, are allowed to be issued only by infrastructure companies or public sector organisations.
Dubbing the United Progressive Alliance at the Centre as "the most corrupt government ever seen by independent India", senior Bharatiya Janata Party leader L K Advani on Saturday wanted the Lokpal bill to be passed in the next session of Parliament itself.
A decision on the legal right of the poor to get wheat or rice at Rs 3 per kg was deferred on Thursday as Food and Agriculture Minister Sharad Pawar could not attend the meeting of a panel of ministers on the Food Security Bill on health grounds.
The Parliament on Wednesday approved a watered down version of the fiscal responsibility bill aimed at disciplining state finances that left out clauses binding the government to tough fiscal deficit targets.
Due to Opposition anger over the non-availability of the finance minister during discussion on the Finance Bill in the Parliament.
Offenders will be tried under Prevention of Money Laundering Act
RBI, however, does not want banks to get into it, as it is speculative.
The interest rate charged on your credit card makes your ownership a nightmare if you don't know it in perfect detail. Here's a primer for you
A Bill seeking to give more operational flexibility to the Reserve Bank of India in the conduct of monetary policy was passed in Lok Sabha on Friday.
Congress vice-president Rahul Gandhi on Tuesday rejected Bharatiya Janata Party's charge that the Congress was taking a 'U-turn' on the Insurance Bill, saying that there are "no double standards" on the issue.
Government introduced two Bills in Lok Sabha on Friday -- one seeking to phase out central sales tax in four stages and eventually abolish it in three years and another to give more operational flexibility to the Reserve Bank of India.
The finance minister said the government was open to suggestions.
The Bill seeks to create a welfare fund for farmers at a time when Prime Minister Narendra Modi has led from the front a campaign to woo farmers and downtrodden sections of the society.
Will the so-called Third Front partners be able to retain their ambitious unity till the end of this month, when the Finance Bill comes for voting in the Lok Sabha? Doubts are hovering around the Yadav duo Rashtriya Janata Dal chief Lalu Prasad and Samajwadi chief Mulayam Singh Yadav -- as the two have taken different stands in the past one week on the issue.
The new 10 per cent dividend tax will be payable only on dividend income over and above Rs 10 lakh threshold in a year, according to an amendment to the Finance Bill 2016 approved by Lok Sabha.
The Union Cabinet Thursday approved the Contempt of Courts Amendment Bill, 2004, which seeks to liberalise the law by introducing "truth" as a defence in contempt proceedings.
The finance minister said the consensus between the Centre and states is required to amendment the constitution for implementing goods and services tax.
The first meeting of the newly-constituted joint committee comprising ministers and civil society activists to draft the Lokpal Bill will be held on Saturday.
Finance Minister Pranab Mukherjee on Monday announced a slew of concessions, including a 1 per cent interest subsidy for lower and middle income housing loans, and exempted road repair and maintenance services from the ambit of service tax.
The draft Companies Bill 2008 has identified the three key managerial positions as chief executive officer, chief finance officer and company secretary. By recognising these three key managerial positions, the Bill is fixing responsibility to bring out a system which is more accountable, transparent and workable, according to an official at the Ministry of Corporate Affairs.
The government banks on the support of the Bharatiya Janata Party to push the Insurance and LIC Bills in the next Parliament session, but it seems to have adopted different tactics on the Goods and Services Tax (GST) Bill.
Former Union law minister and civil activist Shanti Bhushan has urged the government to hold an open debate on the Lokpal Bill so that the people of India get to know the stance taken by the various members of the drafting committee.Finance Minister Pranab Mukherjee, chairman of the Lokpal Bill Drafting committee, is yet to respond to Bhushan's demand.Bhushan, who is one of the five representatives of the civil society on the panel, said the government was backtracking.
The speaker said he would take a decision on the remaining 14 cases in a "couple of days."
For the banking system a new cycle starts in FY2024. It's fraught with fresh challenges on asset quality and profitability, warns Tamal Bandyopadhyay.
